The release of new model motorcycles is a major event for both the manufacturers and their hordes of fans across the globe. But many new models are released as limited editions, special versions or in minimum quantities in selected markets. These exclusive offers can add to the appeal and collectability of that model. In turn, that can increase demand and create strong competition by buyers to get hands on a rare motorcycle. For some buyers, the rush to get their hands on a new model of a mass-produced new models is all about bragging rights. Being the first on the street or in your crew to own that special ride.
While others have wait impatiently to get loans approved after the release date and after they’ve already been to the showroom for a test ride, those with the smarts get in early. They know they want that particular, so they plan and act well ahead and have their bike loan approved and ready to be finalised before the new models are released or available for pre-order. When the time comes, they’re first on the grid.
An added reason for getting in early for 2021 bike models is the COVID-19 factor. It has been extensively reported that manufacturing and supply chains have been interrupted globally as a result of the coronavirus. Many leading bike brands are located in Europe which has been hard-hit by COVID-19 with many manufacturing facilities forced to close and suspend production throughout the year. This may cause limits on the quantities of new bikes which may find their way into the Australian market.
Jade Bike Loans offers a pre-approved loan service for our famous cheap bike loans for both new releases and existing stock models. The process is simple and our consultants are available to discuss the requirements for your 2021 model bike purchase well ahead of the release date.
Applying for a Pre-Approved Bike Loan
The Jade pre-approved bike loan process follows the same steps as a standard bike loan except it happens before, not after, you finalise your motorcycle purchase.
Your simply apply for your bike loan based on an estimated purchase price to determine your loan amount. Sourcing prices is reasonably easy as most manufacturers will release the prices well ahead of the launch date. Alternatively, you can apply for a loan based on an estimate of what you anticipate you will be required to pay.
Your Jade consultant proceeds with processing your application by sourcing the cheapest offer from our wide range of bank and non-bank lenders. On acceptance of our offer, your loan will be processed through the approvals stages. When you finalise the purchase price with the dealer and decide on any deposit you may choose to contribute, your loan is finalised based on the exact total loan amount.
The key advantage is obvious. With your loan approved you can confidently commit to the purchase of that brand new model on your first visit to showroom after release. No need to waste time going in to talk details with the dealer then having to go away and arrange your loan and then return to sign the contract once your loan is organised.
COVID-19 may also play a part with lockdowns in certain areas of Australia occurring at different times which may restrict your ability to actually get into the bike showroom. They may be forced to close and you may be under stay at home orders.
Your pre-approved cheap Jade bike loan can be arranged by phone and email so COVID-19 restrictions should not hamper the process.
2021 Model Previews
So what’s the rush for 2021 models? Apart from the issues around COVID-19 several manufacturers have already released previews of their exciting 2021 models.
- MV Agusta: While the new Superveloce 800 was due to arrive in Australia earlier in 2020, the release has been delayed by, as we flagged above – COVID-19. It is now reported that it should be in showrooms before the end of the year and the price has been flagged at $32,990 so you should have the info you need to commence the pre-approved bike loan process.
- Yamaha: According to industry news, Yamaha is releasing a special ‘Aussie Edition’ of the 2021 WR 450F and apparently only 400 bikes will be available. A limited quantity of such a popular bike is sure to create a run on pre-orders. Why not speak with a Jade Bike Loans consultant today about securing a pre-approved loan?
- Honda: Actually promoted as arriving late in 2020, Honda announced the CRF 250R and the CRF 150R will return to its line-up in 2021 along with a new CRF 450R. No need to even wait for 2021 to get your hands on these Hondas – get onto Jade Bike Loans ASAP and be on your new Honda to see in NY21 in style.
Whether you have your eyes on a 2021 model, a run-out clearance of current stock or even a used bike, Jade Bike Loans can offer you our secured motorbike loan service to simplify your purchase process.
To talk pre-approved bike loans at better interest rates, contact Jade Bike Loans at 1300 000 003.
DISCLAIMER: THE INFORMATION PROVIDED IN THIS ARTICLE IS FOR GENERAL INFORMATIVE PURPOSES AND NOT INTENDED AS FINANCE ADVICE. INDIVIDUALS SHOULD REFER TO THEIR FINANCIAL ADVISOR OR ACCOUNTANT FOR ADVICE IN REGARD TO THEIR INDIVIDUAL FINANCIAL DECISIONS AND SPECIFIC CIRCUMSTANCES. DETAILS IN REGARD TO GOODS, SERVICES GOVERNMENT OFFERS AND POLICIES HAVE BEEN SOURCED FROM PUBLIC MANUFACTURER AND SUPPLIER WEBSITES AND GOVERNMENT RESOURCES. NO LIABILITY IS ACCEPTED FOR ANY ERRORS OR MISREPRESENTATION OF INFORMATION AND DATA OBTAINED FROM THESE SOURCES.
